Home > Industrial Machinery > HVAC > Underfloor Heating > Underfloor Heating Market
Underfloor Heating Market size surpassed USD 7.2 billion in 2023 and is anticipated to witness over 5.5% CAGR from 2024 to 2032.
Ongoing technological advancements across space heating systems along with an inclination toward clean energy technologies will stimulate the underfloor heating industry growth. Continuous retrofitting of residential & small commercial spaces including offices, retail stores, institutions, and others will complement the demand for sustainable technologies including underfloor heating units. Moreover, increasing migration of the population toward urban establishments along with rapidly growing real estate business will boost the adoption of underfloor heating technologies across the globe.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Underfloor Heating Market Size in 2023: | USD 7.2 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 11.7 Billion |
Historical Data for: | 2019 to 2023 |
No. of Pages: | 350 |
Tables, Charts & Figures: | 650 |
Segments covered: | Technology, Facility, Application |
Growth Drivers: |
|
Pitfalls & Challenges: |
|